Rivian CEO says new R2 SUV, autonomy make 2027 an ‘inflection year’ as EV maker marks five years since IPO
Summary
Rivian's chief executive expects 2027 to serve as a major turning point for the electric vehicle manufacturer. The company plans to focus heavily on scaling production of its upcoming R2 sport utility vehicle while simultaneously expanding its investments in autonomous driving technology.
Rivian CEO RJ Scaringe says 2027 will be an “inflection year” as the EV maker scales R2 and invests in autonomy.
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.